Box Office Predictions: May 19-21

Summer 2017 keeps rolling along as three new titles populate the marketplace this weekend. They are Ridley Scott’s Alien: Covenant (the sixth film in the nearly 40 year-old franchise), Diary of a Wimpy Kid: The Long Haul (the fourth film in the seven year-old franchise), and YA romance Everything, Everything. You can peruse my detailed prediction posts on each here:

https://toddmthatcher.com/2017/05/10/alien-covenant-box-office-prediction/

https://toddmthatcher.com/2017/05/11/diary-of-a-wimpy-kid-the-long-haul-box-office-prediction/

https://toddmthatcher.com/2017/05/12/everything-everything-box-office-prediction/

As I see it, Covenant should manage a mid 40s debut. That’s under what its direct predecessor Prometheus accomplished five years ago, but it should be good enough to nab the #1 spot from Guardians of the Galaxy Vol. 2. The Marvel hit should end its two-week reign atop the charts.

I’m predicting a third place showing for Everything, Everything with Snatched nabbing fourth in its sophomore frame and Wimpy Kid rounding out the top five. As for King Arthur: Legend of the Sword, it should plummet out of the top five in its second weekend after a terrible debut (more on that below).

And with that, my top 5 predictions for the weekend:

1. Alien: Covenant

Predicted Gross: $44.6 million

2. Guardians of the Galaxy Vol. 2

Predicted Gross: $32.2 million (representing a drop of 50%)

3. Everything, Everything

Predicted Gross: $12.3 million

4. Snatched 

Predicted Gross: $9 million (representing a drop of 54%)

5. Diary of a Wimpy Kid: The Long Haul 

Predicted Gross: $8.1 million

Box Office Results (May 12-14) 

As expected, Guardians of the Galaxy Vol. 2 easily dominated the box office in weekend #2 with $65.2 million, right in line with my $64.3M projection. The sequel has grossed $248 million thus far.

The Amy Schumer/Goldie Hawn comedy did just OK in second place with $19.5 million, a bit shy of my $21.1M estimate. Not a bad opening for a $42 million budget, but this is well below the $30M achieved by Schumer’s Trainwreck two summers ago.

It took until the second weekend of summer to have a flop of epic proportions and that honor belongs to King Arthur: Legend of the Sword. The Guy Ritchie pic took in an embarrassing $15.3 million, well under my $24.4M prediction. Considering its reported $175 million budget, Warner Bros looks to lose a lot of cash on this ill-advised investment.

Holdovers populated spots 4-6. The Fate of the Furious was fourth with $5.4 million (I said $5.7M) for a $215M total. I incorrectly had The Boss Baby in fifth, but it was sixth with $4.4 million (I said $4.9M) for an overall tally of $162M. Instead, Beauty and the Beast rounded out the top five with $4.8 million to bring its massive cume to $494M. It is currently the 8th highest domestic earner of all time.

And that does it for now, folks! Until next time…